Implement our Standard BAF Policy, align the BAF charges for all your providers and reduce your exposure to excessive unilateral increases in fuel charges.
The Drewry Standard BAF Policy is an industry standard, accepted by the major ocean carriers and adopted by a number of our BCO clients. We provide a clear policy document, tailored to your company and trade lanes, which can be communicated to your Logistic Service Providers (LSPs) prior to bid.
Adopting our standard BAF Policy provides a number of benefits:
As well as having timely access to robust market data, to be confident of achieving the best terms of service and value for money, shippers need to adopt the right approach to prepare for, plan and manage the entire process from initial pre-RFQ to bunker program implementation, review and monitoring.
Working with 3 of the top 10 global retailers (National Retail Federation)
Access to an exclusive ocean freight cost benchmarking club comparing costs on over 14 million teu of freight
The first to publish benchmark container spot market freight rates back in 2006.
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